Who are the key players in US CF & CFRP Market industry?

The top five players in the US Carbon Fiber (CF) & Carbon Fiber Reinforced Polymer (CFRP) market are Hexcel Corporation, Toray Industries Inc., SGL Carbon, Mitsubishi Chemical Carbon Fiber and Composites Inc., and Teijin Limited. These companies lead in technological advancements, production capacity, and innovative CFRP product development for aerospace, automotive, and industrial sectors.

What is the US CF & CFRP Market growth?

The US CF & CFRP market is experiencing robust growth, with an estimated CAGR of over 10% from 2023 to 2028. A significant growth factor is Hexcel Corporation's expansion of its Utah carbon fiber manufacturing facility in 2023 to meet soaring demand from aerospace and defense industries.

Which segment accounted for the largest US CF & CFRP Market share?

The aerospace and defense application segment holds the largest share in the US CF & CFRP market. This dominance is driven by increasing adoption of lightweight composite materials for commercial and military aircraft to improve fuel efficiency and reduce emissions, with Boeing and Lockheed Martin as key users.

What are the factors driving the US CF & CFRP Market?

Major factors fueling the growth of the US CF & CFRP market include rising demand for fuel-efficient vehicles, expansion of aerospace manufacturing, and increasing wind energy installations. For instance, SGL Carbon is supplying CFRP components to wind turbine manufacturers, supporting the shift towards renewable energy.

Which type accounted for the largest US CF & CFRP Market share?

Among types, the PAN-based carbon fiber segment accounted for the largest market share in the US CF & CFRP market. This type is preferred due to its superior strength-to-weight ratio and widespread usage in high-performance applications, especially in the aerospace and automotive sectors.

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US CF & CFRP Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

US CF & CFRP Market: by Type (Virgin Carbon Fiber, Recycled Carbon Fiber), Application (Automotive, Aerospace & Defense, Wind Energy, Sporting Goods, Construction, Others), Distribution Channels (Direct Sales, Distributors/Wholesalers, Online Retail, Specialty Stores, Industrial Suppliers, Others), Technology (Lay-Up, Pultrusion, Resin Transfer Molding, Filament Winding, Injection Molding, Others), Organization Size (Small, Medium, Large) and By US Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 23-07-2025 | Format: PDF | Report ID:2371

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Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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